https://www.taxtmi.com/caselaws?id=335345 The Tribunal set aside penalties imposed under Sections 76, 77, and 78 of the Finance Act on a yarn manufacturer for non-payment of service tax to foreign commission agents. The appellant's confusion regarding tax liability pre-Bombay High Court ruling was considered, leading to penalties being overturned due to absence of mala fide intent post-clarification. The Tribunal upheld the tax demand and interest, emphasizing the appellant's timely compliance following legal clarity, ultimately disposing of the appeals in favor of the appellant. en-us Fri, 18 Mar 2016 00:00:00 +0530 Wed, 30 Nov 2016 15:29:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335345 The Tribunal set aside penalties imposed under Sections 76, 77, and 78 of the Finance Act on a yarn manufacturer for non-payment of service tax to foreign commission agents. The appellant's confusion regarding tax liability pre-Bombay High Court ruling was considered, leading to penalties being overturned due to absence of mala fide intent post-clarification. The Tribunal upheld the tax demand and interest, emphasizing the appellant's timely compliance following legal clarity, ultimately disposing of the appeals in favor of the appellant. Case-Laws Service Tax Fri, 18 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335345